Morocco, Norway Launch Carbon Market Partnership for Clean Energy Projects

Morocco and Norway have signed a climate cooperation agreement aimed at developing carbon market projects under Article 6.2 of the Paris Agreement.

The partnership was announced by Morocco’s Ministry of Energy Transition and Sustainable Development on Tuesday and is expected to support renewable energy investment and cross-border climate cooperation.

Under the arrangement, the two countries plan to develop projects capable of generating internationally transferable mitigation outcomes, commonly known as ITMOs, which can be traded between countries under United Nations climate rules.

Moroccan Energy Transition Minister Leila Benali and Norwegian Climate and Environment Minister Andreas Bjelland Eriksen signed the agreement.

Authorities said the initiative could help avoid up to 10 million tonnes of carbon dioxide emissions by 2030, while supporting climate finance mobilisation, technology transfer and job creation.

As part of the partnership, Rabat and Oslo will introduce a Generation-Based Incentive programme covering the 2026–2036 period. The mechanism is expected to support around 2GW of renewable energy capacity, including battery storage systems.

According to the ministry, the programme will prioritise projects considered financially challenging or commercially less attractive, using carbon market incentives to improve viability.

The agreement places Morocco among a relatively small number of African countries actively participating in operational Article 6.2 carbon market systems.

In 2025, Ghana and Switzerland announced the first African ITMOs linked to national climate targets through a clean cooking initiative.

More recently, Nigeria approved the international transfer of 5.2 million carbon credits generated through improved cookstove projects developed by Kenyan company BURN.